Worthmore Property Management Sells Industrial Property In Hudson, MA For $2.55M
1 Bonazzoli Avenue, Hudson, MA 01749
$2,550,000
$97/SF
Building Size
26,130 SF
Asset Type
Industrial
Closing
Mar 1, 2022
AI
Located at 1 Bonazzoli Ave in Hudson, MA, this industrial property was recently sold in a closed transaction. Spanning 26,130 square feet, the property stands as a valuable asset in the market. The sale took place on 03/02/2022 for a price of $2,550,000, resulting in a price per square foot of $98.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,550,000
- Address: 1 Bonazzoli Ave
- Market: Hudson, MA
- Square Footage: 26,130
- Seller: Worthmore Property Management
- Buyer's Representative: Alex Wood - SVN | Parsons Commercial Group | Boston
- Seller's Representative: Bill Sullivan - Avison Young
Alex Wood from SVN | Parsons Commercial Group | Boston served as the buyer's representative in this transaction, while Bill Sullivan from Avison Young represented the seller. The involvement of these key individuals showcases their expertise and commitment to ensuring a successful deal.
Players
Hudson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93